City National Bank Welcomes New Managing Director for Sports Banking
City National Bank recently announced the exciting appointment of Anthony Di Santi as the Managing Director, Head of Corporate Sports Banking. This significant addition enhances the bank's capacity to cater to the specific financial needs of professional teams, leagues, athletes, and businesses operating within the dynamic sports industry.
Amplifying Services in Sports Finance
With over three decades of deep-rooted expertise in the global sports sector, Di Santi is set to steer City National's strategic initiatives toward better serving professional sports teams and their affiliated businesses. His leadership promises to bolster the bank's reputation as a primary provider for the unique financial demands of clients in this sector.
Di Santi's Impressive Track Record
Di Santi joins the ranks of City National with an exceptional professional background. He previously served as Global Managing Director at Citi’s Sports Investment Banking unit, where he significantly shaped the financial landscape for sports franchises worldwide.
Throughout his impressive career, Di Santi has:
- Provided advice on over 75 M&A transactions, encompassing well-known franchises across various sports leagues like the NBA, NHL, MLB, MLS, and NFL.
- Developed debt instruments for more than 70 sports teams, creating cutting-edge financing solutions crucial for the expansion of stadiums and arenas.
- Secured a $2.5 billion line of credit for the NHL, collaborating with over 30 banks and insurers to structure impactful financial solutions.
- Guided rights holders through comprehensive media rights agreements, ensuring maximized benefits from television contracts and sponsorship deals.
- Earned accolades from Worth Magazine, recognized as one of the 50 most powerful individuals in the sports domain.
Strengthening City National's Legacy in Sports Banking
Di Santi's appointment aligns seamlessly with City National’s historic commitment to addressing the needs of professional athletes and their businesses. The bank is renowned for its specialized services that accompany the financial journeys of athletes and sports executives.
Jahan Wang, executive vice president and head of entertainment and sports banking at City National Bank, shared enthusiasm over Di Santi’s appointment, stating, "We are thrilled to welcome Anthony to City National Bank. His extensive expertise in sports finance and advisory will significantly enhance our influence in this sector."
A Vision for the Future
Di Santi expressed his excitement about joining City National Bank, emphasizing the importance of aiding clients in navigating the ever-evolving sports landscape. He has contributed to the sustainable growth of the sports industry, making his new role a fitting next step in his career.
About Anthony Di Santi
In his capacity as Managing Director and Head of Corporate Sports Banking, Di Santi will provide strategic counsel to team owners and leagues throughout the United States. His extensive experience encompasses franchise acquisitions, capital raises, and media rights structuring, making him a valuable asset to the bank and its clients. Having previously held prominent roles at Echelon Sports Capital Partners and Raptor Sports Capital, Di Santi is well-equipped for his new responsibilities.
About City National Bank
City National Bank is the largest bank based in Los Angeles, boasting assets of $90 billion. Founded in 1954 and a subsidiary of Royal Bank of Canada, City National specializes in personalized banking, investment, and trust services, aiming to empower its clients across designated markets. With its dedicated approach, the bank continues to strengthen community ties, donating nearly $10 million to nonprofits in recent years.
Frequently Asked Questions
Who is Anthony Di Santi?
Anthony Di Santi is the newly appointed Managing Director and Head of Corporate Sports Banking at City National Bank, with extensive experience in the sports finance industry.
What does his role involve?
Di Santi will oversee financial strategies for professional teams, advising on franchise purchases, capital raises, and securing media rights.
How does City National Bank serve the sports industry?
City National Bank offers specialized banking and investment services tailored to the financial needs of professional athletes, teams, and related businesses.
What distinguishes City National Bank?
City National stands out for its commitment to personalized service and strong relationships in the sports and entertainment sectors.
What is the bank's community involvement?
City National actively engages in community support, having donated significant funds to nonprofits in the areas it serves.
